Tech Company Financing Transactions

Propelld Funding Round

Propelld closed a $35 million funding round on 3/14/2022. Backers included India Quotient, Stellaris Venture Partners and WestBridge Ventures.

Transaction Overview

Company Name
Announced On
3/14/2022
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Undisclosed
Proceeds Purpose
With the new funds, Propelld plans to grow the loan book and offer new products for various verticals within education.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
No: 1654 Enzyme 7th cross 19th main 1st sector HSR layout
Bangalore Karnataka, 560102
India
Email Address
Overview
Inspired by the works of the famous economist Milton Friedman, we set out to change how Education was financed, in early 2017. This was furthered by the sort of backgrounds we came from - one which valued Education above all else.
Profile
Propelld LinkedIn Company Profile
Social Media
Propelld Company Twitter Account
Company News
Propelld News
Facebook
Propelld on Facebook
YouTube
Propelld on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Bibhu Das
  Bibhu Das LinkedIn Profile  Bibhu Das Twitter Account  Bibhu Das News  Bibhu Das on Facebook
Chief Operating Officer
Askhay Loya
  Askhay Loya LinkedIn Profile  Askhay Loya Twitter Account  Askhay Loya News  Askhay Loya on Facebook
Chief Technical Officer
Satendra Singh
  Satendra Singh LinkedIn Profile  Satendra Singh Twitter Account  Satendra Singh News  Satendra Singh on Facebook
Co-Founder
Brijesh Samantaray
  Brijesh Samantaray LinkedIn Profile  Brijesh Samantaray Twitter Account  Brijesh Samantaray News  Brijesh Samantaray on Facebook
Co-Founder
Victor Senapaty
  Victor Senapaty LinkedIn Profile  Victor Senapaty Twitter Account  Victor Senapaty News  Victor Senapaty on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/14/2022: Minoan Experience venture capital transaction
Next: 3/14/2022: Leko Labs venture capital transaction

 

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About Our VC Transactions Data

We do our best to report on all VC transactions involving tech companies. VC transactions reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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